1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Euro One Way Train Can Not Last

Discussion in 'Technical Analysis' started by ActionForex.com, Mar 17, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Joined:
    Dec 24, 2007
    Messages:
    2,465
    Likes Received:
    0
    EURUSD made a spike high at 1.5901 and is now completing its natural retrace to work off short term overbought conditions. The near term uptrend remains in place and only a break 1.5500 invalidates the short term bias. Meanwhile 1.5900 no acts as resistance for a possible double top.

    complete article here...
     
Loading...

Share This Page